This week, the spot price of refined cobalt slightly increased. Supply side, smelters continued to stand firm on quotes. Demand side, downstream producers have basically completed their monthly procurement, and market inquiries and buying interest remained slightly weak, but traders' trading enthusiasm improved WoW. In the short term, the supply and demand in the market are unlikely to change, and the spot price of refined cobalt may maintain a fluctuating trend.
SMM New Energy Research Team
Cong Wang 021-51666838
Rui Ma 021-51595780
Disheng Feng 021-51666714
Yanlin Lyu 021-20707875
Yujun Liu 021-20707895
Yueming Li 021-51666809
Zhicheng Zhou021-51666711
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